48 Gateway Boulevard Morisset NSW 2264

Purpose built in 2005 offering excellent presentation.
10 year lease to 2023 + options to 2033.
Licenced for 59 places.
Large 1,828 sqm site with 14 on-site car spaces.
Easy freeway access 1.5 hour drive north of Sydney.
Located within affordable growth region of Newcastle catchment attracting young family demographics.
Net lease with tenant paying all outgoings, as per lease.
Significant tax depreciation benefits.
Net Income: $153,471 pa + GST.